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The value of 24-carat gold dipped Rs 10 in early commerce on Saturday, with ten grams of the valuable metallic buying and selling at Rs 69,970, in keeping with the GoodReturns web site. The value of silver declined Rs 100, with one kilogram of the valuable metallic promoting at Rs 81,600.
The value of 22-carat gold additionally fell Rs 10, with the yellow metallic promoting at Rs 64,140.
The value of ten grams of 24-carat gold in Mumbai is in step with costs in Kolkata and Hyderabad, at Rs 69,970.
In Delhi, Bengaluru, and Chennai, the value of ten grams of 24-carat gold stood at Rs 70,120, Rs 69,970, and Rs 71,010, respectively.
In Mumbai, the value of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 64,140.
In Delhi, Bengaluru, and Chennai, the value of ten grams of 22-carat gold stood at Rs 64,290, Rs 64,610, and Rs 65,090, respectively.
US gold costs climbed on Friday to hit a recent report excessive, as a number of components together with US rate of interest lower bets, speculative shopping for and central financial institution purchases saved bullion’s report rally energetic regardless of sturdy US job development in March.
Spot gold gained 1.5 per cent to $2,324.15 per ounce, as of two:03 p.m. EDT (1803 GMT), after hitting a report excessive of $2,330.06 earlier within the session. Bullion rose over 4 per cent this week and logged a 3rd straight weekly achieve.
US gold futures settled 1.6 per cent increased to $2,345.4.
Spot silver gained 1.6 per cent to $27.37 per ounce. Platinum climbed 0.4 per cent to $928.80. Each logged weekly rises.
Palladium dipped 2.2 per cent to $999.00 and posted a weekly decline.
The value of 1 kilogram of silver in Delhi, Mumbai, and Kolkata stood at Rs 81,600.
The value of 1 kilogram of silver in Chennai stood at Rs 84,900.
(With inputs from Reuters)
First Printed: Apr 06 2024 | 8:12 AM IST
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